
Mudeshwar Urban Multiple Nidhi Limited
About Mudeshwar Urban Multiple Nidhi Limited
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Mudeshwar Urban Multiple Nidhi Limited is a nidhi company based in Mudegaon, Maharashtra, India. It operates in the financial intermediation and lending segment of the financial services sector. It was incorporated on 29 September 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U65990MH2021PLN368488.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Siddheshwar Gangadhar Jagtap and Arun Balasaheb Jagatap.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at C/O Balasaheb Shivaji Jagtap 111 Mudegaon, Maharashtra, India – 431517.
As per the financials filed for FY 2023, the company reported a revenue of ₹7.02 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.93 Lakh (net margin 27.5%) and EBITDA of ₹2.62 Lakh (EBITDA margin 37.4%).
Court records list 8 cases involving the company, including 8 filed by the company; 3 cases are pending.
Company details
Contact details
Mudeshwar Urban Multiple Nidhi Limited's registered office is in Mudegaon, Maharashtra.
- Registered AddressC/O Balasaheb Shivaji Jagtap 111 Mudegaon, Maharashtra, India – 431517
- IndustryFinancial Services, Other Financial Intermediation
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Mudeshwar Urban Multiple Nidhi is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Mudeshwar Urban Multiple Nidhi Limited, buy the company report.
Financials of Mudeshwar Urban Multiple Nidhi Limited
FY 2023 filings availableMudeshwar Urban Multiple Nidhi Limited reported revenue of ₹7.02 Lakh (up 317% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 317% in the latest year. EBITDA rose 413% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹2.62 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹1.93 Lakh | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
| Total Liabilities | ||
| Fixed Assets | ||
| Investments | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 37.4% | |
| Net Profit Margin | 27.5% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
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| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
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To see the full financial statements and ratios of Mudeshwar Urban Multiple Nidhi Limited, buy the company report.
Board of directors of Mudeshwar Urban Multiple Nidhi Limited
Mudeshwar Urban Multiple Nidhi has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siddheshwar Gangadhar Jagtap | Director | 29 Sep 2021 | 5 Years 1 Months | Current |
| Arun Balasaheb Jagatap | Director | 29 Sep 2021 | 5 Years 1 Months | Current |
| Sham Kacharu Jagtap | Director | 29 Sep 2021 | 5 Years 1 Months | Current |
Peer comparison
Mudeshwar Urban Multiple Nidhi Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rathi Brothers Private Limited | ₹7.03 Lakh (FY 2023) | Mulshi, Maharashtra, India | ||||
| Shree Bajrang Bali Micro Finance Private Limited | ₹7.02 Lakh (FY 2024) | 1849.0% | Jaipur, Rajasthan, India | |||
| Pudumjee Investment and Finance Company Ltd | ₹7.02 Lakh (FY 2020) | 82.0% | Pune, Maharashtra, India | |||
| Thane Gramin Jan Vikas Nidhi Limited | ₹7.02 Lakh (FY 2021) | Shahapur, Maharashtra, India | ||||
| Shrisaya Enterprises Private Limited | ₹7.02 Lakh (FY 2025) | -35.0% | Rajkot, Gujarat, India | |||
| Mudeshwar Urban Multiple Nidhi Limitedthis company | ₹7.02 Lakh (FY 2023) | ₹1.93 Lakh | 27.5% | 317.0% | Mudegaon, Maharashtra, India | |
| Town Mutual Nidhi Limited | ₹7.01 Lakh (FY 2024) | 42.0% | Jaunpur, Uttar Pradesh, India | |||
| Sreebhuvaneswari Nidhi Limited | ₹7.01 Lakh (FY 2024) | -65.0% | Thrissur, Kerala, India | |||
| Chitrahar Chit Funds Private Limited | ₹7.01 Lakh (FY 2025) | -30.0% | Hyderabad, Telangana, India | |||
| D.M Resources Private Limited | ₹7 Lakh (FY 2025) | -77.0% | Kolkata, West Bengal, India | |||
| Tarun Sahayog Nidhi Limited | ₹7 Lakh (FY 2022) | 93.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Mudeshwar Urban Multiple Nidhi Limited, buy the company report.
Legal cases
Mudeshwar Urban Multiple Nidhi Limited has 8 court cases on record: 8 filed by Mudeshwar Urban Multiple Nidhi. 3 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 0 | 3 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Beed, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Beed, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Beed, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Beed, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
| District court, Beed, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Mudeshwar Urban Multiple Nidhi Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mudeshwar Urban Multiple Nidhi Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Mudeshwar Urban Multiple Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mudeshwar Urban Multiple Nidhi Limited has 3 board changes on record since 2021: 3 appointments. The latest: Arun Balasaheb Jagatap was appointed as Director on 29 Sep 2021.
Frequently asked questions
Mudeshwar Urban Multiple Nidhi is an active nidhi company based in Mudegaon, Maharashtra, India. The company works in other financial intermediation, within the financial services industry. It was incorporated on 29 September 2021 (5+ years old) and is registered under CIN U65990MH2021PLN368488.
Mudeshwar Urban Multiple Nidhi has 3 current directors:
- Siddheshwar Gangadhar Jagtap - Director
- Arun Balasaheb Jagatap - Director
- Sham Kacharu Jagtap - Director
The latest financial statements of Mudeshwar Urban Multiple Nidhi on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Mudeshwar Urban Multiple Nidhi is U65990MH2021PLN368488. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mudeshwar Urban Multiple Nidhi has 8 court cases on record: 8 filed by the company. 3 are pending.
Mudeshwar Urban Multiple Nidhi was incorporated on 29 September 2021, making it 5+ years old. It is registered with the Registrar of Companies, Nagpur.
The peers of Mudeshwar Urban Multiple Nidhi by revenue are Rathi Brothers Private Limited, Shree Bajrang Bali Micro Finance Private Limited, Pudumjee Investment and Finance Company Ltd, Thane Gramin Jan Vikas Nidhi Limited, Shrisaya Enterprises Private Limited and 5 more, all in the same principal business activity (other financial activities).
Arun Balasaheb Jagatap was appointed as Director on 29 Sep 2021. Sham Kacharu Jagtap was appointed as Director on 29 Sep 2021. Siddheshwar Gangadhar Jagtap was appointed as Director on 29 Sep 2021.
The registered office of Mudeshwar Urban Multiple Nidhi is at CO Balasaheb Shivaji Jagtap 111 Mudegaon, Maharashtra, India – 431517.
Mudeshwar Urban Multiple Nidhi operates in the financial services industry, in the other financial intermediation segment.
Mudeshwar Urban Multiple Nidhi can be reached at its registered office: CO Balasaheb Shivaji Jagtap 111 Mudegaon, Maharashtra, India – 431517.

